The number of companies making the list has dropped significantly in the last couple of years, down from 31 companies in 2012 and 24 companies in 2013.

But Salem-based RocketDrop ranked higher than any New Hampshire company had in recent years. The wholesale distributor of consumer electronics, such as smartphones, tablets and gaming consoles, was ranked at No. 161, taking the top spot in the state. The company achieved an eye-boggling three-year growth of 2,519 percent. The average growth rate for the 5,000 companies is 516 percent.

The last time a New Hampshire company scored higher was in 2009, when GourmetGiftBaskets.com achieved the 37th spot, with 3,260 percent growth. That year, seven companies in the Granite State made the top 500. Last year, Waveguide was the highest ranked, at 1,066th.

Inc. reported the aggregate revenue of the 5,000 firms is $211 billion, generating 505,000 jobs over the past three years. The 20 New Hampshire firms pulled in about $1.3 billion in revenue last year and generated 2,386 jobs over the past three years.